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The government backed Ecopetrol after it halted imported gas contracts and made a promise: “We are going to produce more.”

World 1 source 1 country 🔦 Under-reported 19m ago

The Colombian government has expressed support for state-owned energy company Ecopetrol following the decision to halt imported gas contracts, committing to increase domestic production amid growing energy supply challenges.

Foreign gas dependency has emerged as a central concern for the nation's energy security. This vulnerability is compounded by declining reserves and a reduction in commercialized production, which together intensify the pressure to locate and develop new domestic energy sources.

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